Trump commerce secretary pumps Tesla stock, urging Americans to buy Elon Musk’s carmaker: ‘It will never be this cheap again’
- In a possible violation of government ethicsHoward Lootnick rushed to fear of losing Tesla gathering during an interview with Fox News by literally informing the voters of buying Tesla’s shares because it will increase its price from here.
A few days later, President Trump turned the Southern House of the White House to Emporium Tesla Auto, a member of the cabinet moved to the air waves urging Americans to buy Elon Musk’s shares as well.
Tesla has become the main goal of public discontent, which focuses on the controversial CEO, with protests, provinces and even deep attacks due to the role of musk as the head of anxiety for the cost of the United States government.
During an interview with the Minister of Commerce on Wednesday, Howard Lootnick used his office to influence the purchase of shares in the auto industry that caused crises in the comments that seem to be directly contradictory to federal morals.
“If you want to learn something in this offer tonight, buy Tesla,” Lottenic told the Fox News Jesse Watters.
The Minister of Commerce referred to Musk because the promising Americans will own five Tesla robots, each of which comes in 2028. While exaggeration for the dramatic influence, Musk told the shareholders last June that they would get $ 1 trillion from an annual profit from selling 100 million robots annually in a new era of abundance of humanity.
“When people understand the things he builds – the robots he builds, and the technology he builds – people will dream today, Jesse and Etzar, and thinking.” Oh my God, I should have bought the stock of Elon Musk. “
Musk pushed to Lutnick to obtain the role of the Treasury in the Treasury – to no avail
As Minister of Trade, Lutnick is, of course, a point of point to promote American companies.
It makes sense that it supports Tesla, who builds all the five models in the United States of the local market without exception.
However, Trump was a fixed discount for EVS, as he went to a warning that the $ 7500 tax credit would lead to “the destruction of the auto industry” in the United States by defending a technology in which China has already obtained control of production means.
Trump changed his position only after Musk appeared in a homosexual bag full of a billion dollar donations with the campaign.
While Musk clashed with the cabinet secretaries such as Marco Rubio and Shawn Duffy on Duj’s pieces, he and Lutnick also became a team.
Lootnick’s enthusiasm was to reduce government spending that prompted musk to target $ 2 trillion of $ 6.75 trillion in the Trump campaign.
After Trump’s victory in November, Musk pushed into no avail to Lootnick to get the most influential role as minister of the US Treasury on Scott Payet.
Tesla most expensive in “Wonderful Seven”
Due to many problems in Tesla, its shares decreased to half of their value from the top of mid -December $ 488.
They regained more than all the gains made after the November elections, prompting Trump to recommend last week that every American followed his progress and purchasing Tesla.
Speaking of Watters on Wednesday, Lutnick has now sought the potential concern fan that investors will miss the shares of the car maker if the lines are waiting for the margin.
“It is unreasonable for this man to be cheap,” said trade secretary. “This will not be cheap again.”
In fact, Tesla is the most expensive shares in the amazing seven for expectations, as they are traded with unanimity estimates 60 times for the year 2026 to almost half of their six other peers.
Can public employees support companies and products?
Lottenic stimulus is fraught with risks.
Under Article 2635 Article 702 of the United States Federal Regulations , public officials generally prevent their office platform to support companies and products.
$ tsla | Elon Musk believes that there will be more human robots in the future more than humans.
– Wall St (WallstenGine) engine June 13, 2024
It is expected that the Tesla’s Optimus Robot market will reach 1B/year, making $ 1T annually.
Robots may sell at $ 20,000 each, at a cost of 10 thousand dollars, with Tesla picking at least 10 % of the market … pic.twitter.com/cruihcwyhi
However, the Trump administration has adopted the Silicon Valley approach to avoiding permission in favor of creating facts on the ground in the hope that no one will eventually object.
However, some have led to an increasing confrontation with the judicial branch, which acts as an examination of the executive authority.
Musk is now using its arrival on social media to lead a pressure campaign to dismiss the judges standing on the path of management.
This story was originally shown on Fortune.com
2025-03-20 12:54:00
